Six-Unit Residential Apartment
212 WARREN Street Beverly, NJ 08010
For Sale
$999,999
MULTI_FAMILY - Victorian - BEVERLY, NJ
Property Size4,134 SF
Lot Size0.26 Acres
Price / SF$241.90
Days on Market173
Property Features for 212 WARREN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Parking Lot
Standard status
Active
Size
4,134 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
21791
Utilities
Heating system
Zoned
Cooling system
Ductless, Window Unit(s)
Building Details
Year built
1900
Number of units
4
Building materials
Frame
Architectural style
Victorian
Listing Agency:
HomeSmart First Advantage Realty
(856) 363-3000
Listed By:
Natalie Schanne · License #1647304
(609) 325-1705
Added: Feb 5
Changed: Jul 9
Last Checked: Jul 28 at 12:06PM
MLS# NJBL2105162
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic Victorian-style six-unit residential apartment building offers three one-bedroom units and three two-bedroom units. Five of the apartments have recently been renovated, and the building includes updated features such as fresh paint, hardwood floors, air conditioning, and 8+ ft ceilings. Renovated kitchens are equipped with new refrigerators and gas stove/oven ranges, and renovated bathrooms include updated vanities and fixtures. Some units also feature private elevated decks for tenant use. Pet-friendly leasing is available, with renovated one- and two-bedroom apartments currently offered for rent and available to tour.
The property includes a surface parking lot and is located in Beverly, NJ. It is described as being minutes from the Beverly–Edgewater Park River LINE Train Stop and the Delaware River.
The building’s available renovated units include both one- and two-bedroom layouts, supported by multiple recent interior updates, including flooring, finishes, and appliance and fixture replacements.
The property includes a surface parking lot and is located in Beverly, NJ. It is described as being minutes from the Beverly–Edgewater Park River LINE Train Stop and the Delaware River.
The building’s available renovated units include both one- and two-bedroom layouts, supported by multiple recent interior updates, including flooring, finishes, and appliance and fixture replacements.
Key Highlights
- 6‑unit historic Victorian residential multi‑family building in Beverly, NJ with surface parking lot
- Unit mix: 3 one‑bedroom units and 3 two‑bedroom units
- 5 of 6 units recently renovated; renovated one- and two‑bedroom apartments available to tour and for rent
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.2k | $25.20 |
| − Vacancy | −$5.7k | −$1.39 |
| EGI | $98.4k | $23.81 |
| − OpEx | −$44.3k | −$10.72 |
| NOI | $54.1k | $13.10 |
4,134 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$773.5K
$676.8K – $902.4K
NOI $54,146 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.65M
$7.57M – $10.09M
NOI $605,233 @ 7.0% cap · market cap 60.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Victorian six-unit building with three 1-bedroom and three 2-bedroom apartments, plus surface off-street parking.
Where is this apartment building located?
The property is located at 212 WARREN Street Beverly, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 6‑unit historic Victorian residential multi‑family building in Beverly, NJ with surface parking lot; Unit mix: 3 one‑bedroom units and 3 two‑bedroom units; 5 of 6 units recently renovated; renovated one- and two‑bedroom apartments available to tour and for rent
